Corporate Presentation
22.09.2023.
Blencowe Resources is pleased to announce the release of an updated presentation following the completion of the DFC grant.
The presentation can be viewed here and can be found on the Company’s website at https://blencoweresourcesplc.com/presentation/
For further information, please contact:
Blencowe Resources Plc Sam Quinn (London Director) | +44 (0)1624 681 250 |
Investor Enquiries Sasha Sethi | Tel: +44 (0) 7891 677 441 |
Tavira Financial Jonathan Evans | Tel: +44 (0)20 7100 5100 |
First Equity Limited Jason Robertson | Tel: +44 (0)20 7330 1883 |
Twitter https://twitter.com/BlencoweRes
LinkedIn https://www.linkedin.com/company/blencowe-resources/
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Background
Orom-Cross Graphite Project
Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit. A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe has moved into the Definitive Feasibility Study phase as it drives towards first production. Orom-Cross presents as a large, shallow open-pitable deposit, with a maiden JORC Indicated & Inferred Mineral Resource deposit of 24.5Mt @ 6.0% Total Graphite Content. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.